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My Favorite ETF for 2012

With all the volatility individual stocks have seen lately, you may be looking for an alternative investment. We suggest exchange-traded funds (ETFs), which are investment funds that are traded on stock exchanges. ETFs hold assets like stocks, commodities or bonds, making them less risky than most individual stocks. This report contains our favorite ETF for 2012. It's an ETF that has shown to be a steady performer in the past six months, while the stock market has produced not much more than extreme volatility.

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Apple Shares Soar on Blowout Q1, Outlook

by on January 25, 2012

Apple (AAPL) delivered blowout results for its holiday first quarter late Tuesday, sending shares up 8% to record highs in after-hours trading, Investor’s Business Daily reported.

Apple earned $13.87 a share, up 116% from a year earlier, on sales of $46.33 billion, up 73%, for the fiscal first quarter ended December 31, reported IBD.

The tech giant guided Wall Street estimates higher. The traditionaly cautious company expects to earn $8.50 a share in Q2 on sales of $32.5 billion, IBD reported.

Apple had a blockbuster Christmas season, selling more iPhones, iPads and Macintosh computers than analysts had expected. The company sold 37.04 million iPhones, 15.43 million iPads and 5.2 million Macs last quarter, according to IBD.